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SynopsisIf we draw an adjusted trend line, the levels of 16,133 may act as an most immediate support levels for Nifty.Shutterstock.comThe domestic equity market continued to stay on tenterhooks on Friday as geopolitical tensions refused to fade. Headline index Nifty opened lower and ended the day on a negative note despite some pullback during the…Continue Reading

Trade Setup: Nifty slips into broader consolidation range; significant downside unlikely

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After an unabated move for more than a week, the Indian equity markets finally saw some corrective move taking place. Following a positive start to the day, the Nifty50 saw a sharp drop of 185 points from the morning’s high point. However, until late afternoon trade, Nifty managed to recoup all these points. But in…Continue Reading